by Guy | Jun 28, 2022 | Board & Governance, Business - General, BusinessFitness, Leadership, Profitability, Risk, Sales, Success, Valuation
A great comment by the legendary Jack Welch. I think few business owners would disagree with the measures of customer and employee satisfaction, but many might question seeing cash flow, as opposed to profit, as the third measure. But a profitable company can still be...
by Guy | Jun 15, 2022 | Board & Governance, Business - General, BusinessFitness, Coaching, Economy, HR & Personnel, Leadership, Motivation, NEDs, Non-Executive Directors, Productivity, Risk, Work Life Balance
There is no question that there’s a global skills shortage – not just among the developed countries, but the developing ones, too, like South Africa – with no less than 87% of companies either already experiencing this, or expecting to do so within the next few years,...
by Guy | May 26, 2022 | Business - General, BusinessFitness, Culture, Disruption, Excellence, Leadership, Risk, Strategy, Success
Business Strategy: the plans and actions you have identified that will enable you to achieve your business goals and objectives. Typically, you will have these at a company-wide level and then broken down further for each department / product / set and / or market in...
by Guy | May 24, 2022 | Board & Governance, Business - General, BusinessFitness, Culture, Growth, Leadership, Risk, Strategy
What the well-respected Japanese management consultant, professor and Dean at UCLA, Kenichi Ohmae, went on to say, although it doesn’t just apply to business strategy, was, “Without competitors there would be no need for strategy, for the sole purpose of...
by Guy | Apr 21, 2022 | Business - General, BusinessFitness, Coaching, Disruption, Economy, Leadership, Lifetime Value, Profitability, Recession, Risk, Strategy, Success
In my previous post, I touched on why a little inflation is desirable, but high inflation almost inevitably leads to a recession, and presents a number of challenges and risks to business, including: Rising input / running and borrowing costs Declining customer demand...
by Guy | Apr 20, 2022 | Business - General, BusinessFitness, Disruption, Economy, Leadership, Productivity, Profitability, Recession, Risk, Strategy
Inflation is going to have a significant effect on business and individuals for the next few years. As we started to exit the pandemic and business started to get going again, energy prices started to rise quite sharply – two years of depressed demand had led to...